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i think -- i happen to agree with president obama about where he is substantively in terms of what he needs to do to get an effect ivg program as far as our long term tra jektly. i think some of his tactics, it's very hard if you're not in the room to know what to do tactically but what he says to me is different than what you said. he said i have an objective. we cannot get there with tax expenditures. >> with the tax reduxes. >> right. if it meets with the long-term fiscal trajectory, you can get ourselves in a much better place for the long term and you can significantly improve long range terms. you put all that together. what he then said is i'm willing to sit with people and compromise to find common ground. it's sort of what he says but not quite. he says beall have to work together if we're going to meet that objective. >> what do you guess? is he playing too hard ball with the republicans or is there room for compromise? >> i think he shouldn't focus at all on the republicans. i think he ought to focus on the american people. thing is a restart opportunity for president obama
i think -- i happen to agree with president obama about where he is substantively in terms of what he needs to do to get an effect ivg program as far as our long term tra jektly. i think some of his tactics, it's very hard if you're not in the room to know what to do tactically but what he says to me is different than what you said. he said i have an objective. we cannot get there with tax expenditures. >> with the tax reduxes. >> right. if it meets with the long-term fiscal...
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Nov 18, 2012
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right now remember that in 2010, president obama vowed to eliminate the bush tax cuts for the rich. he folded back then. he allowed them to be renewed for another two years, but this time he campaigned on letting them expire, and fresh off his election once again, staring down a republican-led house, the president is warning the wealthy that they will pay more. >> what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and, according to economists, will have the least positive impact on our economy. >> now, in return for the tax revenue, the president says he will negotiate with congress on spending cuts. he claimed the cuts together with the revenues from raising taxes on the rich would reduce the federal deficit by $4 trillion over the next decade. that's the president's plan, but without a compromise with the republicans, america could be headed over the fiscal cliff. joining me is mohammmaed al ari. mohammad, welcome back to the show. you predict republicans in your words will shout and scream but ultimately they will go along with the tax
right now remember that in 2010, president obama vowed to eliminate the bush tax cuts for the rich. he folded back then. he allowed them to be renewed for another two years, but this time he campaigned on letting them expire, and fresh off his election once again, staring down a republican-led house, the president is warning the wealthy that they will pay more. >> what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and, according to economists,...
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. >> how important is the relationship right now between president obama and president morsi in egypt? >> it will be critical. and as the president said in the advance of the election, he's neither at the point friend or foe. morsi has a very difficult delicate political charge, his party, the freedom of justice party comes out of the muslim brotherhood, they have an affinity with hamas. and president morsi is after his own challenges, getting his economy back on track, he's going to need significant support from the united states, the president and the congress. he's got different constituencies pulling him in opposite directions. >> to wolf in jerusalem, we all know the relationship between president obama and mr. netanyahu was challenging for the last four years. but now how much influence do you believe barack obama can have in finding a solution to the situation when he talks with benjamin netanyahu. >> i think he has a significant influence, he's just been re-elected president of the united states, and israel is very dependent in many areas on u.s. support. so that relationship,
. >> how important is the relationship right now between president obama and president morsi in egypt? >> it will be critical. and as the president said in the advance of the election, he's neither at the point friend or foe. morsi has a very difficult delicate political charge, his party, the freedom of justice party comes out of the muslim brotherhood, they have an affinity with hamas. and president morsi is after his own challenges, getting his economy back on track, he's going...
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gifts, all right? he's being a president. the only thing i found really consistent with this is that romney has been essentially hating on half of the country for almost two years. i didn't necessarily find his comments out of line with everything else he has talked b. we've been characterizing them as gaffes. i've been trying to say this is who he really is. he really believes half the country is a bunch of moochers. i think what's really interesting, if you strip away all the areas, the urban areas that's predominantly minority, right? he still lost a whole bunch of white people, too. the man is refusing to take personal responsibility, which is the height of irony when you think about what he went around and talked about with 47% of the people not being personally responsible for their own lives. here he lost an election, mostly because of the fact that he was a bad option. the gop knows he was a bad option. that's why they fought him so hard during the primary, because he was a bad choice. but they
gifts, all right? he's being a president. the only thing i found really consistent with this is that romney has been essentially hating on half of the country for almost two years. i didn't necessarily find his comments out of line with everything else he has talked b. we've been characterizing them as gaffes. i've been trying to say this is who he really is. he really believes half the country is a bunch of moochers. i think what's really interesting, if you strip away all the areas, the urban...
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you're not suggesting boots on the ground, though, right? i mean, what do you think the administration should be doing differently? >> that would be a disaster all around. it would be -- it would certainly never happen. i think, though, that things we can do would include a no fly zone imposed by nato from turkey. those missiles hopefully would have the affect of just keeping syrian planes out of northern syria chshgs would give the rebel forces maybe a chance to break the stalemate. there is more intelligence and training to the syrian rebels, and also i think providing arms to those rebels, although i would have to say not anti-aircraft weapons for fear that they would end up in the wrong hands. these modest steps we can take that might break the stalemate and end the civil war there and the faster it ends, the better for syrians and also the better for the world. >> we like to think of you as a rock star, so i was impressed to see you hanging out with bono from u2. he asked you if you have ever been accused of crossing the line from journ
you're not suggesting boots on the ground, though, right? i mean, what do you think the administration should be doing differently? >> that would be a disaster all around. it would be -- it would certainly never happen. i think, though, that things we can do would include a no fly zone imposed by nato from turkey. those missiles hopefully would have the affect of just keeping syrian planes out of northern syria chshgs would give the rebel forces maybe a chance to break the stalemate....
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and right now he's getting ready to meet with the prime minister. white house correspondent dan lothian is in bangkok this morning. what is the president hoping to accomplish? >> reporter: he wants to high light things, not just this country but other countries in the region. u.s. dealing with north korea, syria, iran. so this is part of the overall effort by the obama administration to continue pushing this refocus or this pivot is the word they like to use to asia. we saw last year, at the end of last year when the president did an asia trip and australia announced that u.s. troops, marines, would be going to that region. that was part of the defense component of this. they also see great benefits both domestically in the u.s. but also in this region. the president has talked about how trade in this region could lead to jobs at home. so these are some of the issues that the president will be addressing, but perhaps first and foremost we'll be talking about the push for democracy across the region and how thailand can play a role in that, victor. >
and right now he's getting ready to meet with the prime minister. white house correspondent dan lothian is in bangkok this morning. what is the president hoping to accomplish? >> reporter: he wants to high light things, not just this country but other countries in the region. u.s. dealing with north korea, syria, iran. so this is part of the overall effort by the obama administration to continue pushing this refocus or this pivot is the word they like to use to asia. we saw last year, at...
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wi us most struck by the difference in president obama himself. this was a more confident, relaxed, even assertive president or person than we had seen before. and he staked out his position on taxes. and, then, of course, he rolled it back. >> he was impassioned in his defense of susan rice, something we rarely see from the president. >> right. so winning another four years will do that for you. let's contrast with the loser of the election. that's mitt romney. he hasn't given any interviews or offered any positive forward statements. instead he did a conference call with donors and people were able to listen in and romney was quoted at not directly saying that president obama gave gifts to women, gays, and free contraceptives was very popular with young women. is romney really getting beat up by the press because all he has are these comments that made him look bitter? >> well, he made them. >> like the 47%. >> yeah. it reinforces that 47%. where's waldo. he's gone completely underground. we don't know where he is or what he's doing. there's sim
wi us most struck by the difference in president obama himself. this was a more confident, relaxed, even assertive president or person than we had seen before. and he staked out his position on taxes. and, then, of course, he rolled it back. >> he was impassioned in his defense of susan rice, something we rarely see from the president. >> right. so winning another four years will do that for you. let's contrast with the loser of the election. that's mitt romney. he hasn't given any...
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you know ron paul the other day said that we've already gone over the fiscal cliff i think he's right we're just going to see how we land we went over the fiscal cliff i think in seventy one we took the dollar off the gold standard and created this opportunity to have a lot of money printing and debasement of the dollar hopefully it's not going to be a terrible situation but as i say governments have to go back to gold and hopefully they'll do it willingly and by that i mean they have a five or ten year plan to go back to gold and everybody understands and understands the plan but concerned that that's not actually going to happen ok so the takeaway for me from this interview is that if you think all is too expensive at sixteen or seventeen dollars an ounce then by silver it's like buying gold back on a six hundred dollars an ounce absolutely if you're prepared to take the volatility of silver compared to gold by silver. yeah that's what i like to hear all right that's all the time we have james starr thanks so much for being on the kaiser report thank you maximize the pleasure to spe
you know ron paul the other day said that we've already gone over the fiscal cliff i think he's right we're just going to see how we land we went over the fiscal cliff i think in seventy one we took the dollar off the gold standard and created this opportunity to have a lot of money printing and debasement of the dollar hopefully it's not going to be a terrible situation but as i say governments have to go back to gold and hopefully they'll do it willingly and by that i mean they have a five or...
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it's sort of a centrist beltway thing that the left opposes and right opposes and it's president obama, "the washington post" editorial board, new york times, a few others kind of in the middle there. we'll see. >> jon: the media loved it this week when the president met with some the heads of major corporations, but there weren't really any small business people represented and the question, is it just a photo op? >> well, i think the president is reaching out, he's making an effort to meet with a lot of different people. it is interesting that the first people who saw him after his election were union people and that shouldn't be surprising, but the media did take note of that. but i think that, mr. boehner's conciliatory attitude reflects exactly as said, the politics of the situation, and david brooks had an interesting column saying not only irresponsible to take the country over the fiscal cliff, but it's bad politics for the republicans. i think that accounts for the mood of con vifalty and consensus. >> and the media says is bad politics-- >> speaking of that the new yorker had
it's sort of a centrist beltway thing that the left opposes and right opposes and it's president obama, "the washington post" editorial board, new york times, a few others kind of in the middle there. we'll see. >> jon: the media loved it this week when the president met with some the heads of major corporations, but there weren't really any small business people represented and the question, is it just a photo op? >> well, i think the president is reaching out, he's...
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the middle class right now. i'll sign it today and took out his pen at the news conference. and the republicans saying, no, no, no, we can't do that until we decide what we are going to do with the top two percent of taxpayers. why wouldn't a middle class voter look at that and say these guys in the gop are all about protecting the rich? >> chris, two things. one, we as a republican party need to make it very clear, and we are going to make it very clear we around the party of big. business businesses, big banks, big wall street, big bailouts. when it comes to the tax code, we are for a lower, simpler, platter tax code. you there were ideas to limit deductions for the wealthy, there have been ideas to get rid of some of these things but we aren't the party trying to broke the rich. they can protect themselves. we are the party that wants pro growth period. let the democratic party be the party of government growing revenues. we want to grow the private sector of the economy and that starts with low, flatter, sim
the middle class right now. i'll sign it today and took out his pen at the news conference. and the republicans saying, no, no, no, we can't do that until we decide what we are going to do with the top two percent of taxpayers. why wouldn't a middle class voter look at that and say these guys in the gop are all about protecting the rich? >> chris, two things. one, we as a republican party need to make it very clear, and we are going to make it very clear we around the party of big....
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obama's executive action. now with the election over, some republicans are waiting if the time is right to pass it by the end of the year. rubio says conservatives must better explain they are for a legal immigration system that works. hard to get people to listen to you on economic growth, tax rate and healthcare if they think you want to deport their grandmother. policy matters, too, but rhetoric is important. >> 12 million more latinos voting this year than 2008, they're becoming a more powerful political force. >> what was encouraging is to see increase in latino turn-out. >> romney received 27% of the latino vote. the worst g.o.p. showing. >> it's only a matter of time that you can't win an election without hispanic vote. i see good signs that the con seventives are paying attention and they need to speak to the hispanic community. >> congressional sources say it's a temp rare solution. there is a humanitarian issue to be addressed. in washington, mike emanuel fox news. >> shannon: israel widens the defen
obama's executive action. now with the election over, some republicans are waiting if the time is right to pass it by the end of the year. rubio says conservatives must better explain they are for a legal immigration system that works. hard to get people to listen to you on economic growth, tax rate and healthcare if they think you want to deport their grandmother. policy matters, too, but rhetoric is important. >> 12 million more latinos voting this year than 2008, they're becoming a...
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violations is for the president, president obama to engage burmese leaders directly. and the final stop on the president's itinerary has been cambodian that's where he'll attend a summit with the association of southeast asian nations and while he's there, just like in burma, white house officials say the president will bring up cambodia's less than impressive record on human rights when he sees their prime minister. back to you in new york. >> clayton: much was made of course of china and asia during the run up to the general election. and president obama speaking extensively about it, and the president speaking about it. is the economy going to be a focus, and international trade regions with in nation and an important trip the president scheduled right after the election. >> that's obviously going to be a big focus for sure at that southeast asian nation summit. once he gets to cambodia and look at a picture right now of the scene where the press conference is going to be. we're told that the way they do the press conferences there, they like to have an mc who call
violations is for the president, president obama to engage burmese leaders directly. and the final stop on the president's itinerary has been cambodian that's where he'll attend a summit with the association of southeast asian nations and while he's there, just like in burma, white house officials say the president will bring up cambodia's less than impressive record on human rights when he sees their prime minister. back to you in new york. >> clayton: much was made of course of china...
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so, we are fully supportive of israel's right to defend itself from missiles landing on people's homes. >> reporter: president obama cautioning against a ground invasion in gaza saying the casualties would deepen. despite that, all along the border, there are play tunes of railsy troops -- play tunes of israeli troops -- play tunes of ies he -- platoons of race yell troops waiting for the order. >> this is the reality we faced now and before the operation will not be the reality afterwards. >> reporter: president obama says he is been in touch with the leaders of israel egypt and turkey, it appears cairo is taking the lead role and trying to negotiate a peace deal between hamas and israel. along the israeli gaza border, david lee miller fox news. >>> some lawmakers today are demanding to know who created the talking points used by the obama administration after the deadly attack on the consulate in benghazi. they want to determine why so many administration official including ambassador to the u.n. susan rice said the attack was related to an anti-muslim video. administration officials
so, we are fully supportive of israel's right to defend itself from missiles landing on people's homes. >> reporter: president obama cautioning against a ground invasion in gaza saying the casualties would deepen. despite that, all along the border, there are play tunes of railsy troops -- play tunes of israeli troops -- play tunes of ies he -- platoons of race yell troops waiting for the order. >> this is the reality we faced now and before the operation will not be the reality...
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president obama got it right when he said that companies are awash with cash. what they are missing is enough customers out there to prompt demand and justify them spending more on plants and equipment. businesses need customers. they do not create jobs. austerity is the opposite of income creating sales. it reduces income. tax increases reduce income. spending cuts reduce income. both, i would argue, are the wrong medicine for the economy today. we have seen the effects of austerity. we do not want to follow, these countries over the cliff and gratuitously -- we do not want to follow these countries over the cliff gratuitously. [applause] thank you. >> i want to talk to brad. take the next. >> i have a couple of things to say. our $2 trillion figure is not a recommendation. it is actually a response to the fact that everyone thinks that $4 trillion is what is needed to achieve -- a debt stabilization gold, stabilizing debt to gdp, to keep that from rising faster than the economy, which ultimately is unsustainable -- how long that is sustainable is a question.
president obama got it right when he said that companies are awash with cash. what they are missing is enough customers out there to prompt demand and justify them spending more on plants and equipment. businesses need customers. they do not create jobs. austerity is the opposite of income creating sales. it reduces income. tax increases reduce income. spending cuts reduce income. both, i would argue, are the wrong medicine for the economy today. we have seen the effects of austerity. we do not...